Data from Delta Motor Corp are as follows:                 Selling and administrative expenses                        P 450,000                 Direct materials used                                                     935,000                 Direct labor (50,000)                                                      900,000                 Factory overhead applied rate                                 P 16 per direct labor hour                                                                                 Beginning            Ending                 Direct materials                                P 150,000             P   135,000                 Work-in-process                                225,000                270,000                 Finished goods                                   120,000                  75,000                              The cost of direct materials purchased is Group of answer choices P 920,000 P 890,000 P 875,000 P 935,000

Based on the following information from ASX Corporation, calculate its total contribution margin. Revenue $133,500 Direct Material $26,700 Direct Labor $19,580 Variable Overhead $18.690 Fixed Overhead $17.800 Sales Commission $10,680 $8,010 Fixed Selling Cost O a $32.040 Ob $50.370 Oc $57.850 Od $68.530 РОСОРНONЕ SHOT ON POCOPHONE F1

Following is the information about cost system of K and A Ltd. For the year ended 31 October 1998. Estimate of revenue and costs for 10 000 units. $Revenue 300 000 Costs:Direct materials (10 000 kilos) 60 000 Direct labour (at $11 per hour) 132 000Fixed overheads 70 000 Actual revenue and costs for 18 000 units $Revenue 504 000 Costs: Direct materials (17 560 kilos) 119 408 Direct labour (23 000 hours) 233 450Fixed overheads 70 000 Required; (a) Calculate the following variances also state whether are favourable or un - Favourable. (i) quantity (the difference between the profits expected on 10 000 units and the profit which would be expected on 18 000 units); (ii) sales price; (iii) direct material usage and price; (iv) Direct labour efficiency and rate. (b) Prepare a financial statement reconciling the expected profit to the actual profit showing the variances calculated in (a).

Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, eg. 2.52 and final answer to 0 decimal place, e.g. 2,152.) Cost of goods sold $ eTextbook and Medi Save for Later Attempts: 0 of 3 used Submit Answer

Information from the records of Conundrum Company for September was as follows: Sales $307,500 Selling and administrative expenses 52,500 Direct materials used 66,000 Direct labor 75,000 Variable factory overhead 50,000 Factory overhead 51,250   Inventories   Sept. 1 Sept 30 Direct materials $ 8,000 $10,500 Work in process 18,750 21,000 Finished goods 17,250 14,250 Conundrum Company produced 20,000 units.What is the total product cost per unit (rounded to the nearest cent)? a.$12.24 b.$14.74 c.$12.11 d.$12.18

The following data was prepared by the Sandhill Company. Total Variable Fixed $ 24/unit Sales price $ 78, 750 Direct materials used Direct labor $91,000 $ 110, 750 $ 13,850 $ 96.900 Manufacturing overhead $ 22,000 $ 12,600 $9,400 Selling and administrative expense 25,500 units Units manufactured 20, 800 units Beginning Finished Goods Inventory 9,000 units Ending Finished Goods Inventory Under variable costing, what is the unit product cost?

Mason Company provided the following data for this year: Sales $ 659,000 Direct labor cost $ 82,000 Raw material purchases $ 131,000 Selling expenses $ 101, 000 Administrative expenses $ 48,000 Manufacturing overhead applied to work in process $ 226,000 Actual manufacturing overhead costs $ 202, 000 Inventories Beginning Ending Raw materials $ 8,800 $ 10, 500 Work in process $ 5,100 $ 21,000 Finished goods $ 77,000 $25, 600 Required: Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Prepare a schedule of cost of goods sold. Assume the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Prepare an income statement.

Given the following data for Mehring Company, what are (A) total manufacturing costs and (B) cost of goods manufactured? Direct materials Beginning work in process $230,000 used inventory Direct labor Manufacturing overhead Operating expenses OA) B) C) D) (A) 150,000 255,000 263,000 (B) Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $635,000 $620,000 $650,000 $665,000 $620,000 $650.000 $635,000 $650,000 $30,000 15,000 38,000 23,000

Here is selected data for Lori Corporation: Cost of raw material purchased Cost of requisitioned direct materials Cost of requisitioned indirect materials Direct labor Manufacturing overhead incurred Cost of goods completed Cost of goods sold $77,000 43,000 3,000 80,000 100,000 233,500 OA. credit to Work-in- Process Inventory account for $237,500 OB. debit to Finished Goods Inventory account for $237,500 OC. debit to Finished Goods account for $233,500 OD. debit to Work-in-Process Inventory account for $233,500 142,000 17,000 32,000 35,000 130% Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Manufacturing overhead allocation rate (based on direct labor) The journal entry to transfer completed goods to the finished goods inventory account would include a

Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods​ sold:   Data Table Balances: Beginning Ending Direct Materials $20,000 $32,000 Work-in-Process Inventory 39,000 37,000 Finished Goods Inventory 14,000 23,000 Data Table Other information:   Purchases of direct materials $79,000 Direct labor 80,000 Manufacturing overhead 41,000 ​First, compute cost of goods manufactured.   Schedule of Cost of Goods Manufactured         Direct Materials Used:                                               Direct Materials Used                       Total Manufacturing Costs Incurred during the Year       Total Manufacturing Costs to Account For               Cost of Goods…